Copper Fox Metals Stock Market Value
| CUU Stock | CAD 0.25 0.01 3.85% |
| Symbol | Copper |
Copper Fox Metals Price To Book Ratio
Copper Fox 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Copper Fox's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Copper Fox.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Copper Fox on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Copper Fox Metals or generate 0.0% return on investment in Copper Fox over 30 days. Copper Fox is related to or competes with Q Gold, and Goldbank Mining. Copper Fox Metals Inc., a resource company, engages in the exploration and development of copper mineral properties in C... More
Copper Fox Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Copper Fox's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Copper Fox Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 66.94 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 10.71 |
Copper Fox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copper Fox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copper Fox's standard deviation. In reality, there are many statistical measures that can use Copper Fox historical prices to predict the future Copper Fox's volatility.| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.0439 |
Copper Fox Metals Backtested Returns
Copper Fox Metals secures Sharpe Ratio (or Efficiency) of -0.0013, which signifies that the company had a -0.0013% return per unit of risk over the last 3 months. Copper Fox Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Copper Fox's Mean Deviation of 3.68, standard deviation of 7.64, and Risk Adjusted Performance of 0.0081 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Copper Fox are expected to decrease at a much lower rate. During the bear market, Copper Fox is likely to outperform the market. At this point, Copper Fox Metals has a negative expected return of -0.0103%. Please make sure to confirm Copper Fox's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Copper Fox Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Copper Fox Metals has virtually no predictability. Overlapping area represents the amount of predictability between Copper Fox time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Copper Fox Metals price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Copper Fox price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Copper Fox Metals lagged returns against current returns
Autocorrelation, which is Copper Fox stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Copper Fox's stock expected returns. We can calculate the autocorrelation of Copper Fox returns to help us make a trade decision. For example, suppose you find that Copper Fox has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Copper Fox regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Copper Fox stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copper Fox stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copper Fox stock over time.
Current vs Lagged Prices |
| Timeline |
Copper Fox Lagged Returns
When evaluating Copper Fox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copper Fox stock have on its future price. Copper Fox autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Copper Fox autocorrelation shows the relationship between Copper Fox stock current value and its past values and can show if there is a momentum factor associated with investing in Copper Fox Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Copper Stock Analysis
When running Copper Fox's price analysis, check to measure Copper Fox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copper Fox is operating at the current time. Most of Copper Fox's value examination focuses on studying past and present price action to predict the probability of Copper Fox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Fox's price. Additionally, you may evaluate how the addition of Copper Fox to your portfolios can decrease your overall portfolio volatility.